# Enifer: Research, Espoo, Finland

> Enifer: Enifer is a Finnish biotech startup based in Espoo, founded in 2020. Based in Espoo, Finland. Founded 2020.

Source: https://millionrounds.com/startup/enifer-2 (Millionrounds; every figure on the page links to its filing or article)

Finland · [Research startup](https://millionrounds.com/companies)

# Enifer

Enifer is a Finnish biotech startup based in Espoo, founded in 2020.

Email

Funding reported Last round: Series B

Research Espoo, Finland

Follow Enifer and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fstartup%2Fenifer-2)

Company summary

- **Founded:** 2020 6 years old
- **Team:** 37 11 to 50 people
- **Funding reported:** 44.2M as listed, currency not stated
- **Last round:** Series B May 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Enifer has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Enifer

Enifer is a Finnish biotech startup based in Espoo, founded in 2020.

The company specializes in producing PEKILO® mycoprotein, a sustainable and high-protein fungal ingredient derived from agrifood industry by-products. Enifer's mission is to transform waste into wealth by upcycling these by-products into nutritious protein, supporting a circular economy. The company is a spin-off from the VTT Technical Research Centre of Finland and builds on the legacy of the PEKILO® bioprocess developed in the 1970s. Enifer utilizes fungal fermentation to convert waste into high-protein, fiber-rich biomass. PEKILO® mycoprotein contains over 60% protein and has a neutral taste and texture, making it suitable for various food and feed applications. Enifer targets aquafeed manufacturers, pet food producers, and food producers seeking sustainable protein alternatives. The company recently secured a €12 million grant to establish its first commercial-scale mycoprotein factory in Kantvik, Finland.

## What company datasets say Enifer raised

Funding, as reported

Reported in all **44.2M** in the source's currency

Last round **Series B**

Last round size **16.5M**

Last round date **May 2024**

## Founders and team

From Enifer's own website: 1 founder, 5 on the team.

**Esmé Fantozzi** Founder of Aklys Transform

- **Simo Ellilä** CEO
- **Anssi Rantasalo** Chief Scientific Officer
- **Joosu Kuivanen** Chief Innovation Officer
- **Ville Pihlajaniemi** Chief Technology Officer
- **Heikki Keskitalo** Business Development Manager

## On 2 portfolio pages

Investors who name them

- [Nordic FoodTech VC](https://millionrounds.com/fund/nordic-foodtech)
- [Aqua Spark](https://millionrounds.com/fund/aqua-spark)

Each firm lists Enifer on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

alternative protein sources biotechnology research environmentally friendly manufacturing industrial fermentation food industry applications food innovation alternative protein mycoprotein alternative proteins from side streams sustainable aquaculture ingredients aquaculture feed environmentally friendly production food production sustainable protein plant-based pet nutrition

Built with from their website

Contact Form 7 Google Tag Manager LiteSpeed WordPress.org YouTube Viewport Meta CookieYes Element UI Hubspot Priority Hints

+8 more

CAPTCHA Microsoft Exchange MySQL Microsoft 365 Apps & Services Mobile Friendly Open Graph jQuery Yoast SEO

- **Sector:** Research
- **Industry code:** NAICS 31111, 541714, 311999, SIC 2834
- **Region:** Catalunya

## Research in Finland

Startups like it

- [**TILT Biotherapeutics Ltd** Helsinki · founded 2013](https://millionrounds.com/startup/tilt-biotherapeutics-ltd)
- [**Volare Solutions** Helsinki · founded 2021](https://millionrounds.com/startup/volare-solutions)
- [**Valo Therapeutics Ltd** Helsinki · founded 2016](https://millionrounds.com/startup/valo-therapeutics-ltd)
- [**Linio Biotech** Helsinki · founded 2017](https://millionrounds.com/startup/linio-biotech)
- [**Boreal Bioproducts** Espoo · founded 2018](https://millionrounds.com/startup/boreal-bioproducts)
- [**KÄÄPÄ Biotech** Lohja · founded 2018](https://millionrounds.com/startup/k-p-biotech-2)
- [**Aurealis Therapeutics** Kuopio · founded 2015](https://millionrounds.com/startup/aurealis-therapeutics)
- [**Rappta Therapeutics** Helsingfors · founded 2019](https://millionrounds.com/startup/rappta-therapeutics)

## Is this your company?

Add your raise, your deck and your story, and put Enifer in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)